NOT LISTED FOR SALE

619 Bonwood Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $96,924 - $117,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $19,500 $16 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $623/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2016

Great investment opportunity, instant return on investment and cash flow! BEING SOLD AS IS! Walk through/home inspection upon accepted binding contract.

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 09/01/2016

Co-Listed By

James Wachob

Foundation Property Management License #294924

Last Buyer's Agent

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 09/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Chickasaw Village 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075158 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE 2ND ADD
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 19.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 46
  • Acreage: 0.15
  • Lot Size: 0.15
  • Price Per Acre: 166667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075158 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2017
Sold by
Mid South Homebuyers Inc
Bought by
Mahani Sonia
Current Estimated Value
$107,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Outstanding Balance
$30,584
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,788

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 28, 2016
Sold by
Stachowitz Estella
Bought by
Midsouth Homebuyers Inc
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Felecia Magro
The Stamps Real Estate Company
List Price
$25,000
Sold Price
$19,500
Premium/Discount to List
-$5,500
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.67%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Memphis Investment Rental Properties Llc
Bought by
Stachowitz Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2010
Sold by
Household Financial Center Inc
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2010
Sold by
Young Calvin
Bought by
Household Financial Center Inc

Purchase Details

Closed on
Jan 28, 2002
Sold by
Ray Lee Investment Co Inc
Bought by
Young Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
9.89%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Bibbs Alma R
Bought by
Ray Lee Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,300
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mahani Sonia $61,000 Saddle Creek Title Llc
Midsouth Homebuyers Inc $19,500 Saddle Creek Title Llc
Stachowitz Estela $37,400 Multiple
Memphis Investment Rental Properties Llc $14,000 Multiple
Household Financial Center Inc $10,000 Multiple
Young Calvin $57,000 Universal Title & Escrow Llc
Ray Lee Investment Company Inc $31,300 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahani Sonia $36,600
Previous Owner Stachowitz Estela $18,700
Previous Owner Memphis Investment Rental Properties Llc $30,000
Previous Owner Young Calvin $51,300
Previous Owner Ray Lee Investment Company Inc $31,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $19,500 -22.0% $20 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $25,000 -- $25 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $506 $22,875 $2,525 $20,350
2024 $506 $14,925 $2,150 $12,775
2023 $909 $14,925 $2,150 $12,775
2022 $909 $14,925 $2,150 $12,775
2021 $920 $14,925 $2,150 $12,775
2020 $1,029 $14,200 $2,150 $12,050
2019 $1,029 $14,200 $2,150 $12,050
2018 $1,029 $14,200 $2,150 $12,050
2017 $462 $11,250 $2,150 $9,100
2016 $480 $10,975 $0 $0
2014 $480 $10,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Felecia Magro

    Seller's Agent in 2016

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    2 in this area

    81 Total Sales

    Felecia Magro
    Section Image
  • James Wachob

    Seller Co-Listing Agent in 2016

    James Wachob

    Foundation Property Management

    (901) 633-1484

    38 in this area

    626 Total Sales

    James Wachob
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9988146

Memphis Area Association of REALTORS®

APN: 07-5158-0-0007

Tennessee Shelby County Memphis 38109 Westwood

619 Bonwood Ave, Memphis, TN

This home is located at 619 Bonwood Ave, Memphis, TN 38109 since 01 September 2016 and is currently estimated at $107,481, approximately $89 per square foot. This property was built in 1961. 619 Bonwood Ave is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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